Hello Friends,
We are slightly confused in the Forex in ERPNEXT.
We are following the CBIC exchange rate notifications and entering the Exchange Rates for Each Currency as notified by CBIC in our ERPNext System, Currency Exchange List.
We are mapping the Rate Import of CBIC Document to For Buying Filed of ERPNext and the Rate Export of CBIC Doc to For Selling.
When We issue an Export Sales Invoice and select the currency, the system autopicks the For Selling Price of the respective currency. It seems to be logically fine with us.
But when we try to create a payment entry to receive the finds against the same invoice, the system autopicks the For Buying Price of the respective Currency.
Can someone please guide me if it is a bug or it is intentional and in compliance with the forex accounting???